New DOW record! Looking at the market, I see some overvalued stocks, especially in the consumer staples. Pepsi Co. has a 20 P/E, Kellogg's has a 22+ P/E. Further more, MLP's and REITs are being bid up by yield-hungry investors.
And then, there are some stocks nobody wants to touch and everyone seems to be afraid of, the financials...
*Insert dramatic sound*